dailydot.com Archives - 06 April 2013, Saturday

Last month we reported on plans to put ATMs in retail locations that would turn dollars into the digital currency Bitcoin . A new company plans to do the same , but in an interesting place, according to to Jeff Berwick of Dollar Vigilante . The possible failure of Cyprus’s banking sys...

Today the digital currency Bitcoin spiked in value, increasing almost 70 percent in two days. Most analysts credit the ongoing Cyprus banking crisis as forcing the price up. One Bitcoin entrepreneur, however, believes recent actions by the U.S. Department of Treasury has legitimized t...

Bitcoin , the most popular form of self-contained digital currency , has inspired an almost evangelical zeal in its proponents and users. Created in 2009, it's long been favored in the online underground for its disconnection from governments and capitalist financial systems, but it h...

It's been less than 24 hours since the Twitter-based service Bitcoin Tipper launched and President Barack Obama has already collected $18.96. That's the beauty of the new service from programmer Marcus Yearwood which allows Twitter users to seamlessly gift Bitcoins, a digital currency...

If being able to buy pizza , electronics , and blogging features using Bitcoins wasn't enough to convince you that the digital currency had finally hit its stride, Reddit's Bitcointip bot may be enough to win you over. The bot allows reddit users to tip others for quality content usin...

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A Bitcoin broker fell victim to a major digital heist over the weekend after hackers snuck their way into its accounts and made off with $12,000 worth of the digital currency. The attack briefly shut down Bitcoin brokerage firm BitInstant over the weekend, as hackers took over its DNS...

It’s untraceable, unregulated, and can now be used to order a Domino’s Pizza . Once only whispered about and exchanged in the dark corners of the Internet, Bitcoin has been touted as a boon to Internet anonymity, the salvation of online gambling in the U.S., and—having recently balloo...

Twenty years from now, when the majority of your accumulated wealth is spread across a portfolio of Bitcoin accounts on servers around the world, you might have Zach Harvey and Matt Whitlock to thank. The New Hampshire-based entrepreneurs want to put Bitcoin—a form of digital currency...

It's been a good week for Bitcoin. Earlier today, the online digital currency hit $30 per coin for the first time since 2011. Yesterday, it got the endorsement of another high-profile online group. Fans of the Internet Archive can now donate to the digital library in Bitcoins, the non...

For the second time in Bitcoin’s history, the digital currency has surpassed an exchange rate of $30 per Bitcoin. The exchange rate is a significant milestone for the four-year-old currency best known for enabling online drug deals , gambling , and other illicit activity. Since August...

The open-sourced world of the Internet has brought us elaborate digital environments like Minecraft and a virtually never-ending encyclopedia in the form of Wikipedia . Could it soon be providing our money as well? In recent months, Bitcoin, a form of digital cash that has been around...

Bitcoin, the decentralized digital currency, can be used to pay for online strippers , drugs , and even WordPress services . Now you can add pizza delivery to that list. The aptly, albeit somewhat unimaginatively, named Pizzaforcoins.com makes it possible for anyone to place a pizza o...

Wordpress now accepts payment in Bitcoin News November 16, 2012 Fernando Alfonso III more articles | email | Follow Blogs  The social news giant Reddit made news this week for considering Bitcoin as a form of payment for Reddit gold , a premium service packed with a small set of new ...

“Network effect is everything for the success of bitcoin. One of the biggest problems facing bitcoin from the earliest days was ‘how can I spend these bitcoins?’ With each of these types of announcements, it will encourage more and more legitimate adopters get on board until its nearl...

Bitcoin strippers tell all May 03, 2012 Reddit  The guys like the game—the teasing, the flirting. That's why they go to Reddit's r/girlsgonebitcoin in the first place. They want to get turned on, and they want it to come slowly, as if the girls on the screen were stripping for them i...